GXY 0.00% $5.28 galaxy resources limited

Potential breakout looming

  1. 22,120 Posts.
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    First off I know there's a lot of bad blood on these threads against the company and management and given the terrible share price performance its probably warranted

    all I will say is technically stock looks like its getting ready to break 6c next target is 7c and after that 10c

    fundamentally they will probably end up with 7c-8c in cash if the sale goes through so perhaps that's what's influencing these technicals

    in for a small punt so please don't waste your time telling me how bad this company is I'm well aware of their poor performance however will say MEO was a dog performer until today wish I'd ignored the noise and negativity on the threads when it was 2c and gone with my gut and taken a small punt would have been a 4bagger for me

 
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